Hanwha Solutions will build a green hydrogen production complex based on renewable energy through a public-private-government partnership investment project.
Related to this, Hanwha Solutions signed a memorandum of understanding (MOU) with Gangwon-do and Korea Gas Technology Corp. on Dec. 3 to strengthen the competitiveness of the hydrogen industry ecosystem in Gangwon-do.
The company is also investing in building a hydrogen ecosystem in Korea by securing green hydrogen technology that converts electricity produced by wind power into hydrogen.
At the signing ceremony held at Sol Beach Resort in Samcheok, Gangwon Province, Gangwon Province Governor Choi Moon-soon, Korea Gas Technology Corp. President Ko Young-tae and Hanwha Solutions Chemical CEO Lee Ku-young attended.
The pact calls for the establishment of a water electrolysis facility and a hydrogen charging station capable of producing 290 tons of green hydrogen annually on a 1,488 square-meter site in Daegwallyeong-myeon, Pyeongchang-gun, Gangwon Province.